Bitmain Increases Ethereum Holdings to 5.77M ETH, 4.8% of Circulating Supply

ETH-0.22%
BMNR-2.27%
According to Coindesk, Bitmain Emergence Technologies (NASDAQ: BMNR) increased its Ethereum holdings to 5.77 million ETH on July 13, representing approximately 4.8% of ETH's current circulating supply of 120.7 million tokens. The company is staking approximately 5 million of its holdings and maintains the largest Ethereum position among publicly traded companies. Chairman Tom Lee attributed the expanded investment to growth in Ethereum's Layer 2 ecosystem, citing Robinhood Chain—which launched on July 1—as a major 2026 success story, noting it currently exceeds all decentralized exchanges in trading volume.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments